The erroneous evolution of computer viruses

The evolution of communications technologies has taken two parallel paths. On the one hand, it took a path for the general good of society, as was the case with the invention of the Internet, for example. On the other hand, a path of destruction and general havoc resulted with the development of computer viruses, among other things | IslamOnline.net

The second path was not inevitable. But social organizations in the West, where viruses first emerged, seemed to condone the deeds of virus writers and propagators. People who wrote, unleashed or swapped virus codes – whether for fun or for damage, intentionally or inadvertently – were not penalized.

Legislation worldwide lagged far behind the unbelievably rapid development of communication technologies and their destructive counterparts. New laws were not formed at the same pace that a new breed of crime was emerging.

An example: David Smith, who wrote and unleashed the destructive Melissa virus was punished by just 20 months in prison and US$5000 in fines. The Melissa virus utilized email programs to propagate a virus epidemic that resulted in about US$80 million in damage.

IT depends

Information technology has trickled down to the little guys, forcing them to think through purchases carefully | Business Today Egypt

Some technological products are so ubiquitous that we can’t imagine how the world would go on without them. Microsoft Word, for instance, is used by almost everybody on the globe. When the application was first released, it made word processing easier, and granted the companies that adopted it the advantage of higher productivity. So, at the time, investing in the Microsoft Office package was considered a strategic investment in pursuit of creating a competitive advantage.

But the wide adoption of Microsoft Word that ensued neutralized the advantage. Even though we continue to ‘invest’ in Word by buying more recent versions, we no longer consider this as a way of sustaining the competitive advantage, but rather as another cost of doing business.

This is the premise of Nicolas Carr’s recent provocative book, “Does IT Matter: Information Technology and the Corrosion of Competitive Advantage.” Formerly an editor-at-large of Harvard Business Review and currently an IT consultant, Carr argues that as IT, including both hardware and software, “has become more powerful, more standardized and more affordable, it has been transformed from a proprietary technology that companies can use to gain an edge over their rivals into an infrastructural technology that is shared by all competitors.” 

Doubting MBAs

Experts are starting to question if a master’s degree in business administration is worth all the trouble | Business Today Egypt

The searing success of MBA programs since the 1990s has clouded a growing dissatisfaction among graduates concerning the value of a master’s degree in business administration. Not only has the strength of many programs come under question, but also the relevance of the degree to meeting the needs of today’s marketplace.

Looking back on their pursuit, some graduates have described their experience as a “joke” or the “biggest waste of time and money imaginable,” as reported by Fortune magazine earlier this summer. This should come as a relief to those of us who are longing for an MBA (and who isn’t?) but can’t afford one. 

There has never been, nor will there be, a substitute for experience. Booz Allen Hamilton, a respected American consultancy, is one company dissatisfied with the assembly-line approach of MBA programs. They take their new hires through an immersion process of on-the-job assignments that last several months, business graduates notwithstanding.